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Dorman Products (DORM) Misses Q2 EPS by 1c

July 30, 2013 7:46 AM
Dorman Products (NASDAQ: DORM) reported Q2 EPS of $0.53, $0.01 worse than the analyst estimate of $0.54. Revenue for the quarter came in at $162.3 million versus the consensus estimate of $161.47 million.

"Our growth continues to be fueled by our new product introductions, as 21% of our sales in the second quarter were from parts introduced in the last 24 months," said Mr. Steven Berman, Chairman and Chief Executive Officer. "During the first half of 2013, we released nearly 1,700 new parts to the automotive aftermarket, up from 1,300 in the first half of 2012."

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Earnings Management Comments